Blockchains are being explored by many industries, from cloud storage and healthcare to insurance and legal services. The supply chain management industry hasn’t been left behind, and it’s leading the world in research and development of blockchain technology to solve some of the challenges that have plagued this industry for so long. But how exactly will blockchains impact the supply chain industry, and will they finally bring an end to inefficiencies in this sector? THE HISTORICAL CHALLENGES To understand why the blockchain is a godsend for supply chain management, one has to understand the challenges faced by the industry. Top among them is
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